CFTC: New York Federal Court Orders Defendants to Pay More Than $595,000 for Forex Solicitation Fraud and Misappropriation
April 18, 2020
April 18, 2020
WASHINGTON, April 18 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission announced that the U.S. District Court for the Southern District of New York entered an order of consent judgment against Jason Amada and his company Amada Capital Management LLC, both of New York, finding they fraudulently solicited more than $680,000 from 18 clients to open individually managed off-exchange foreign currency (forex . . .
The Commodity Futures Trading Commission announced that the U.S. District Court for the Southern District of New York entered an order of consent judgment against Jason Amada and his company Amada Capital Management LLC, both of New York, finding they fraudulently solicited more than $680,000 from 18 clients to open individually managed off-exchange foreign currency (forex . . .